Documents for Fund or Underlying Fund(s)

Description

Objective†

The investment seeks long-term growth of capital.

Principal Investment Strategies†

The fund invests, under normal circumstances, at least 80% of its net assets (plus any borrowings for investment purposes) in securities of issuers engaged in exploring for, mining, processing, or dealing and investing in gold and other precious metals such as silver, platinum and palladium, as well as diamonds (the gold and precious metals sector), and in derivatives and other instruments that have economic characteristics similar to such securities. It invests primarily in equity securities. The principal type of equity security in which the fund invests is common stock.

Principal Investment Risks

There is no guarantee that the Fund will achieve its investment objective.
You may lose money by investing in the Fund.
Please see the Fund’s prospectus or other disclosure documents for information about the Fund’s risks.

Performance & Expenses

Standard Performance
As of
Sep 30, 2016

Fund/Benchmark Name

Qtr

YTD

1-Yr

3-Yr

5-Yr

10-Yr

Since Inception

Invesco Gold & Precious Metalsa

-1.66%

87.37%

84.14%

3.69%

-8.78%

1.64%

7.64%

S&P 500 Indexa,b

3.85%

7.84%

15.43%

11.16%

16.37%

7.24%

N/A

Morningstar Equity Precious Metalsa,c

-1.47%

92.63%

91.46%

4.58%

-10.33%

0.47%

N/A

Fund past performance, as shown, is no guarantee of how the Fund will perform in the future. The performance shown has been annualized for periods greater than one year. Investment returns and principal value will fluctuate, so that an investor's shares, when redeemed, may be worth more or less than their original cost. For current performance, visit www.icmarc.org.

Fund performance is shown comparing it to a "benchmark" which may be a (i) broad-based securities market index (ii) a group of mutual funds with similar investment objectives, or (iii) a short term government backed debt obligation such as a U.S. Treasury Bill. An index is not available for direct investment, is unmanaged, and does not reflect the costs of portfolio management or trading. A fund's portfolio may differ from the securities held in an index.

c. The Fund’s Morningstar Category Average is a group of funds with similar investment objectives and strategies and is the equal-weighted return of all funds per category. Morningstar places funds in certain categories based on a fund’s historical portfolio holdings.

Morningstar Information

Morningstar RatingTM
As of
Mar 31, 2014

Period

Stars

Category Size

Overall

73

3-Year

73

5-Year

69

10-Year

50

For each fund with at least a three-year history, Morningstar calculates a Morningstar Rating™ based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund's monthly performance (including the effects of sales charges, loads, fee waivers, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance. The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics. For funds with loads, the Morningstar rating on a load-waived basis is provided, when available. Load-waived ratings do not include any front- or back-end sales loads and are intended for investors that have access to such purchase terms. Funds with loads are waived for plans administered by ICMA-RC. Past performance is no guarantee of future results.

Allocation of Assets†
As of
Dec 31, 2013

Type of Asset

Percent

Equity

86%

Fixed Income

0%

Cash/Other

14%

Due to rounding, percentages shown may not add up to 100%.

Characteristics

Allocation of Assets†
As of
Dec 31, 2013

Asset Class

Percent

Domestic Stock

6.6%

Foreign Stock

79.4%

Domestic Bond

0.0%

Foreign Bond

0.0%

Preferred

0.0%

Convertible

0.0%

Cash

3.9%

Other

10.2%

Due to rounding, percentages shown may not add up to 100%.

Top Ten Holdings†
As of
Dec 31, 2013

Holding Name

Percent

Goldcorp, Inc.

5.8%

SPDR Gold Shares

5.5%

Franco-Nevada Corp

5.4%

Agnico Eagle Mines Ltd

5.1%

Yamana Gold Inc

4.7%

Eldorado Gold Corp

4.6%

Silver Wheaton Corporation

4.6%

Kinross Gold Corporation

4.3%

Newmont Mining Corporation

4.1%

Randgold Resources Ltd ADR

4.0%

Statistics

Trading Restrictions

Purchase, Sale, and Transfer Restrictions

The fund company imposes trading restrictions for this investment. If you transfer $5,000 or more out of this investment, you will have limited opportunities to transfer back into this investment for 30 days. Your transfers in will be limited to under $5,000 for a 30-day period following a transfer out of $5,000 or more. Full details are provided in the fund's prospectus.

Footnotes

1.

Please read the fund's prospectus carefully for a complete summary of all fees, expenses, investment objectives and strategies, risks, financial highlights, and performance information. Investing involves risk, including possible loss of the amount invested. Investors should carefully consider the information contained in the prospectus before investing. You may contact us to obtain a prospectus or to answer questions by calling 800-669-7400, emailing investorservices@icmarc.org, or visiting www.icmarc.org.

Morningstar places funds in certain categories based on the fund's historical portfolio holdings. Placement of a fund in a particular Morningstar category does not mean that the fund will remain in that category or that it will invest primarily in securities consistent with its Morningstar category. A fund's investment strategy and portfolio holdings are governed by its prospectus, guidelines or other governing documents, not its Morningstar category.